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Looks like more downside potential confirmed by the M15 chart. If we take a look at the 1 hour chart we can see a potential reset of the 7200 level. COR1M has increased ever so slightly since those low levels described last week but we are no where close to out of the woods just yet. June FOMC along with the OPEC meeting will be a big data point coming up. Bond markets are in real trouble too.